Aug 20 (Reuters) - Dollar General ( DG ) on Wednesday

named former employee Donny Lau as its new chief financial

officer, effective October 20, replacing Kelly Dilts.

Lau was with the dollar chain for about six years and was

the senior vice president of finance and strategy when he left

in July 2023. Previously, he also held roles in financial

planning at KFC ( YUM )-parent Yum Brands ( YUM ).

Current CFO Dilts' departure from Dollar General ( DG ) was

announced last month. Dilts is set to join department store

chain Nordstrom as its finance chief next week.

The C-suite change for Dollar General ( DG ) comes as inflation and

macroeconomic turmoil fueled by tariffs forced consumers across

income groups to shop more at discount stores, allowing the

company to raise its annual targets in June.